AIPIS 104 - Nationwide Property Insurance to Cover Your Entire Portfolio

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.

Key Takeaways:

[1:44] The simplicity of one insurance provider for properties nationwide

[2:27] We have had nationwide insurance available for 30 years

[3:24] Nuances to the nationwide real estate market make it a difficult product to offer

[4:42] The underwriting companies which serve our brokerage firm

[5:52] Nationwide programs are generally done on a blanket basis

[8:57] Deductible options from one insurance company

[11:01] Getting the quote to the investor

[13:30] Our company is approved by major financiers

[15:00] Calculating insurance rates based on zip codes

[16:55] Cash value is the number one issue insurance companies have

[20:13] How are land contracts insured?

[22:51] Hard money lenders can place property coverage, but it costs a bit more

[23:38] Loss of Rent insurance

Mentions:

Hartman Media

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone